ASK Automotive Limited, India’s largest manufacturer of brake shoes and advanced braking systems for two-wheelers, has announced its financial results for the quarter ended June 30, 2026, reporting record revenue, EBITDA and profit driven by strong growth across its key business segments.
Revenue and Profit Reach New Highs
During the first quarter of FY27, the company posted consolidated revenue of Rs. 1,361 crore, marking a 52.1% year-on-year increase. The reported revenue included a 33.4% pass-through impact from higher alloy prices, while a strategic reduction in the wheel assembly business had a 6.6% negative impact. Excluding these factors, ASK Automotive delivered a net revenue growth of 25.3% compared to the same period last year.
The company also recorded its highest-ever quarterly EBITDA of Rs. 164 crore, up 32.7% year-on-year, while profit after tax (PAT) increased 28.8% to Rs. 85 crore.
Despite elevated raw material costs, EBITDA margin stood at 12.0%, with the company noting that the sharp increase in alloy prices impacted margin percentages.
Earnings per share (EPS) improved to Rs. 4.32, compared to Rs. 3.35 in the corresponding quarter of the previous fiscal year.
Business Segments Continue Strong Momentum
ASK Automotive reported healthy growth across its core business divisions during the quarter.
The Advanced Braking Systems business recorded a 48% year-on-year increase in revenue, while the Aluminium Lightweight Precision Solutions segment posted an impressive 75% growth. Revenue from the Safety Control Cables business rose 20%, reflecting continued demand across product categories.
Export revenue also improved to Rs. 39 crore, up from Rs. 33 crore in the same quarter last year.
Chairman Highlights Sustained Growth
Commenting on the results, Kuldip Singh Rathee, Chairman and Managing Director of ASK Automotive, said the company has now delivered 11 consecutive quarters of strong financial performance since its stock market listing.
He highlighted that the first quarter marked the company’s highest-ever quarterly revenue, EBITDA and PAT, while continuing to outperform growth in India’s two-wheeler production industry.
Rathee attributed the performance to the company’s continued focus on expanding value-added products, improving manufacturing capacity utilisation and driving operational efficiencies.
Alloy Price Volatility Weighed on Margins
The company acknowledged that the sudden rise in alloy prices affected EBITDA margins during the quarter because of the pass-through impact on revenue.
However, management expects aluminium prices to remain relatively stable in the coming quarters, which is likely to support an improvement in operating margins going forward.
Manufacturing Expansion Supports Growth
ASK Automotive also announced that its technical collaboration with Kyushu Yanagawa, Japan, has been successfully implemented at its Karoli manufacturing facility, with the company commencing its first supplies of high-pressure die-cast alloy wheels to a Japanese customer.
The company said its Karoli mega manufacturing plant continues to ramp up production, while its Bengaluru facility is operating at optimal capacity, resulting in better economies of scale and improved operational efficiency.
Renewable Energy Push Continues
As part of its sustainability initiatives, ASK Automotive said its second captive solar power plant in Rajasthan is expected to become operational during the second quarter of FY27, strengthening the company’s renewable energy portfolio and supporting greener manufacturing operations.
Positive Outlook for FY27
Looking ahead, the company remains optimistic about maintaining its growth trajectory, supported by continued momentum in India’s two-wheeler industry.
Management expects to sustain its industry outperformance through ongoing investments in capacity expansion, technology, operational efficiency and value-added products, while remaining focused on enhancing long-term shareholder value.
